San Clemente - Ali Ardabili Team
1/5
Listed By: Younglewin Advisors, Inc., 562-556-1118, Shane Young
Local Realty Services Provided By: Keller Williams Realty Pacific Estates
Overview
What It'll Cost
Neighborhood
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$2,200,000
736 Rose Avenue, Long Beach, CA 90813
7,700 sq ft
.15 ac
$2,200,000

736 Rose Avenue, Long Beach, CA 90813

Estimation provided by Keller Williams Realty Inc.
7,700 sq ft
.15 ac
Pending
For Sale

Property Description

We are pleased to present 736 Rose Ave, an 8 unit apartment building built in 1987 consisting of 100% 2 bed 2 bath units averaging over 960 SF each. There is 2:1 parking with secured entry to the property. The second story of living space has vaulted ceilings, and each unit has its own individual water heater. On current income this is 10.19 GRM and a 5.81% cap rate with upside to 9.09 GRM and 7.08% cap rate. Priced at $285 per square foot, this is a unique value-add opportunity worth considering!

Property Details

Compare This Home
Overview
Property Type
Apartment
Property Size
7,700 sq ft
Year Built
1987
Days on Site
45 Days
Parking
16 Parking Spaces
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $2,200,000
Principal + Interest
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Price & Tax History

Date
Event
Price
02/10/2025
Listed
$2,200,000
(+400%)
03/19/2001
Sold
$440,000
(+76%)
03/10/1994
Sold
$250,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$14,527
(+6.3%)
$1,032,536
Land 257,527 + Additions 775,009
2022
$13,665
(+2.38%)
$992,536
Land 247,528 + Additions 745,008
2021
$13,348
(+1.45%)
$992,536
Land 247,528 + Additions 745,008
2019
$13,157
(+4.25%)
$979,984
Land 244,990 + Additions 734,994
2017
$12,621
$941,932
Land 235,478 + Additions 706,454
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

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